Business News

Arvind's retail chain in pact with US firm Posted: 25 Sep 2008 01:52 AM CDT MUMBAI (Reuters) - Arvind Ltd's retail chain Megamart has entered into a licensing pact with U.S.-based Cherokee Inc, Megamart's chief operating officer said on Thursday.

Nikkei down as shippers sink, market wary on bailout Posted: 25 Sep 2008 01:51 AM CDT By Elaine Lies

Oil rises above $106 as U.S. dollar weakens Posted: 25 Sep 2008 01:49 AM CDT By Fayen Wong

Bank run prompts US$500M infusion in Hong Kong, 1st Ld-Writrethru, AS Posted: 25 Sep 2008 01:49 AM CDT HONG KONG (AP) _ Hong Kong injected nearly US$500 million into the financial system Thursday to shore up liquidity a day after the Bank of East Asia was hit with what appears to be region's first major bank run since the global financial crisis erupted last year.

Gold rises on U.S. bailout worry, ETF at record Posted: 25 Sep 2008 01:37 AM CDT By Lewa Pardomuan

Convergys volunteers help prepare new school building Posted: 25 Sep 2008 01:35 AM CDT Hyderabad, Sept 25 (ANI/Business Wire India): Convergys Corporation unveiled a new school building that its employees helped make ready for use as part of its ongoing Corporate Social Responsibility (CSR) program in Hyderabad. In association with the NGO Project 511, employees from Convergys' Information Management facility based in Hi-tech City, Hyderabad, support the educational needs of over 400 students of the Central Upper Primary School, located in nearby Lingampally.

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